Gold Detail Analysis | XAUUSD ForecastHi people Greetings , We are wafting for Breakout for clear direction
We Expect breakout will come at time of major news till that we have scalping opportunities which we will Avoid for now
Tradingidea
US30 : Intraweek Technical AnalysisUS500 Intraweek Technical Analysis:
after rejection from 3925 the SP500 found some support at 3790. The US500 reversed from 3890 and after testing the support of 3700 twice the US500 gave a weekly closure at 3763. The US500 is expected to test the resistance of 3900 in coming week. 3800 is the key resistance for tomorrow where we can see some rejection. My idea for coming week is to enter long on support of 3700 and profit taking at 3800 and 3900. The key resistances and supports for coming week are 3900 and 3700.
there is also a moving average crossover on 4Hr time frame at 38% fib level.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
GoldViewFX - DAILY CHART UPDATEHey Everyone,
Our daily chart is tracking well, up and down our descending Goldturn channel. We had another fantastic day at premiere, booking 2 signals from today's support with a perfect TP to 1675 and 1677.
Our descending Goldturn channel on the daily chart is being respected well, and price is now testing and respecting 1643 Goldturn. We will still need to see a cross and lock below 1643 to see the lower Goldturns down to 1612-1596, or we will see a retest back to 1675.
Price has also broken out of the 1H chart Rangebox and currently in a range shift zone testing Rangebox 2. We will now look for a rejection or break into rangebox 2 to confirm our next move.
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR1
EURUSD H4 setupThe change in the market was signaled by the break in structure and now we're waiting to see if the buyers will step in again.
EURUSD SHORT TERM BUYDaily:
1. Bearish
2. Price at discount
3. came from premium
4. target D LL
4H:
1. Bearish
2. Price at discount
3. came from premium
4. 4H HL
15M:
1. Bearish
2. Price at discount
3. Came from discount
4. 15 MIN HH
USDJPYcouldn't took this trade because of sleep, and when i wokeup and saw this.
Daily:
1. Bullish
2. Price at premium
3. came from discount
4. target (Not Conformed)
4H:
1. Bearish
2. Price at premium
3. came from discount
4. target 4H Buyside liq
15M:
1. Bullish
2. Price at premium
3. Came from discount
4. Target 15M buyside liq
GoldViewFX - Market UPDATEHey Everyone,
What a PIPTASTIC day for us today!!!!
As per chart our Goldturn 1620 had a new Goldturn created with EMA5 highlighted on the chart, which followed with a signal confirmation for a perfect BUY trailed all the way to TP and beyond!!!!
EMA5 is now challenging structure resistance. This is an important challenge to confirm further movement up or a rejection, which is also in line with our 4H chart setup, please see below.
Perfect channel floor support once again identified yesterday with a lovely push up level to level following our route map.
All charts are still valid, and we will continue to track and trade this level-to-level structure to structure.
BULLISH TARGETS
1647 - DONE
1653 - DONE
Cross and lock above 1653 will open targets to 1663, 1676, 1687
BEARISH TARGETS
1639 - DONE
1632 - DONE
1620 - DONE
1611
1603
Cross and lock below 1603 will open targets to 1592, 1586 and 1580.
SWING RANGE
1611
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GoldViewFX - Market UPDATEHey Everyone,
What an awesome day and FOMC action!!!
As shared yesterday we had an open gap target to 1687, which gave us the confidence to buy dips from deeper movement. Knowing FOMC will get priced in allowed us to stay out for the deeper move down and then BOOOM 1687 TARGET HIT on the ride up!!!
The range is still 1659 to 1687; We will be looking for a break of either of these levels for a continuation of the move. The chart setup is still valid and carefully placed support and resistance levels are still valid. Currently we are testing the 1687 range breaker level. EMA5 break above will open the range shift for the above range and a failure to lock will see price head for the swing range again.
Bullish Targets
1687 - DONE
1695 - LAST TARGET LEFT ON THIS SETUP
Cross and lock above 1695 will open targets to 1708, 1722, 1733
Bearish Targets
1671 - DONE
1659 - DONE
Cross and lock below 1659 will open targets to 1647 and 1641.
SWING RANGE
1647
As always, we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EURUSDDaily:
1. Bullish
2. Price at discount
3. came from premium
4. target Daily OB
4H:
1. Bullish
2. Price at discount
3. came from discount
4. target 4h HH
15M:
1. Bullish
2. Price at coming to the discount area
3. Came from discount
4. Target 15M HH
Note: It is a risky buy kindly be careful with lot size
BTC Senario for Sep. 17Take a look to the chart: Keypoint for tomorrow and Targets for each scenario
XAUUSD INVALIDATED ITS BULLISH VIEW? BELOW 1670 TARGET 1637Looking Back at Mar 22, 2021, We talked about XAUUSD in consolidation level.
Since that time, XAUUSD has tested its historical time and failed. Then reversed in deep correction.
As I said at previous idea Mar 22, 2021,
"Break and hold above 1925 would resume medium term bullish view to test 1990 and all time high 2075 level.
Break below 1660 would invalidate its bullish view."
Now, XAUUSD break below 1670 and 1660, invalidated its bullish view.
If XAUUSD Hold Below 1670 then its Bearish Continue To Target :
1637, 1534, and 1200.
Resistance at 1740.
XAUUSD STILL BEARISH BELOW 1661.71, TARGET 1635.90XAUUSD is Still in Strong Downtrend.
If Break Below 1661.71, then Bearish Continue To Target 1635.90.
XAUUSD, While Below 1734.12 is Still Bearish.
Resistance at 1689.37.
GOLDDaily : Bearish
4H : Bullish
15min: Bearish , liquidity on below side, 2 buy zones to look at
Note: Need 1 minute BOS/CHOCH before entering the trade
EURUSD D, ABOVE 1.0189 TARGET 1.0268 & 1.0368EURUSD made a false break below Strong Support 0.98999, and the rebound.
After That, EURUSD HIT TARGET at 1.0078, 1.0134, 1.0189.
As we talked at previous idea,
"While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189."
Now, Can EURUSD rebound continue?
If EURUSD Break Above Fibo 61.8% 1.0189, then Potential Target at 1.0268 & 1.0368.
Strong Resistance at 1.0368, If Break, then Bullish.
But while EURUSD still Below Fibo 61.8% 1.0189, it Still Bearish.
Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840.
Next Bearish Target 0.9710.
(From AB=CD pattern, where D=0.9710).
GBPUSD W, Above 1.1405 Target 1.1760 & 1.1934GBPUSD rebound after hit 1.1405 level.
As we talked at previous idea,
GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411."
Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405.
Outlook,
While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934.
But If Fail To Hold Above 1.1934, then GBPUSD is Still Bearish.
Strong Resistance at 1.2293.
Anyway, If GBPUSD Break Below 1.1405, then Potential Target at 1.1341 & 1.1227.
GoldViewFX - MONTHLY CHART LONG TERM GOLD OUTLOOKHey Everyone,
Please see updated monthly chart setup.
Last months candle body closed below 1776 followed with a EMA5 cross below 1776 but NO LOCK. A lock is confirmed with a candle body close after the EMA5 cross. We will need this months candle to confirm the lock below.
However, this months candle opening has left a big EMA5 detachment. If we see this detachment get attached over the course of this month then EMA5 will not lock below 1776 and turn above 1776. We highlighted a similar setup historically. We still need to keep in mind the candle body close last month below this level, as it still increases chances of a 1679 challenge.
Although last months movement due to JHS has skewed the data somewhat, with most charts looking Bearish in the short term, we need to keep in mind the long term trend is still intact and our long term Bullish stance is still in play.
Trading level to level on the shorter timeframes keeps us out of trouble and allows us to trade the range safely without committing to anything long term in these volatile conditions. However we always keep in mind our long term plans.
As always we will keep you all updated with any changes to our plans throughout the week. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
EMAMI REALTY - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
EURUSD D, ABOVE 0.9899 TARGET 1.0078, 1.0134, 1.0189
EURUSD Rebound From Below of Its Parity.
While Above 0.9899, EURUSD then Potential Rebound To 1.0078, 1.0134, 1.0189.
Resistance at 1.0268.
Strong Resistance at 1.0368, If Break then Bullish.
But While Below Fibo 61.8%, 1.0189, EURUSD is Still in Bearish Trend.
Strong Support at 0.9899, If Break, then Bearish Continue To Target 0.9840.
Next Bearish Target 0.9710.
(From AB=CD pattern, where D=0.9710).
GBPUSD D, BULLISH ENGULFING TARGET 1.1937, 1.2005, 1.2073?GBPUSD could forming Bullish Engulfing pattern.
While Above 1.1717, GBPUSD could Potential Target 1.1937, 1.2005, 1.2073.
Break & Hold Above 1.2073, Then GBPUSD could Potential Retest 1.2175 & 1.2291.
But If GBPUSD Break Below 1.1717, Then It Could Cancel Bullish Engulfing and Open The Way To 1.1645.
(From AB=CD pattern, where D=1.1645).
NZDUSD H4, BREAK CRITICAL POINT 0.6212 To 0.6191 & 0.6184NZDUSD Break critical level at 0.6212 and Fibo 61.8% at 0.6216.
Break Below 0.6212 then Open The Way To 0.6191 & 0.6184.
Break Below 0.6184, then Open The Way To 0.6147.
Strong Support At 0.6060. If Break, Bearish Continue.
But Hold Above 0.6212, Open The Way To Rebound To 0.6264.
Resistance At 0.6312 & 0.6371.
Strong Resistance At 0.6468, If Break, Bullish Continue.
XAUUSD D, BREAK ABOVE 1786, TARGET 1828.41 & 1875.50 XAUUSD Rebound from its lower area of its Medium term consolidation 1676 & 2075.
For a while, XAUUSD is rejected by 1786 around its MA 50 Daily.
If Break & Hold Above 1786 or MA 50D then Open The Way To Test 1828.41 & 1875.50.
Its Strong Resistance at 1922.58 (61.8% Fibonacci).
Its Strongest Resistance at 2075.
But, While Below 1786, Potential To Retest 1721.70 & 1676.00.
Its Strongest Support at 1676.
While Above 1676.00, Bullish Medium Term, Buy On Weakness.
EURUSD H4, BREAK ABOVE 1.0283, TARGET 1.0361EURUSD formed Bullish DIvergence (RSI Higher, Price Lower) and then broke its bearish trendline.
Now, EURUSD is testing its MA 200 H4 and FIbo 50% around 1.0283.
Break Above 1.0283 Retarget 1.0361.
Break & Hold Above 1.0361 Retarget 1.0473 & 1.0615.
Strong Resistance at 1.0615.
But Fail To Break Above 1.0283, Retarget 1.0108.
Break & Hold Below 1.0108, Bearish. Retarget 0.9952.
Nifty "Bear Call Spread"As nifty is covering its gap it is likely possible in this scenario that it ill face stiff resistance from 16200 Supply Zone one can keep watch at these levels and keeping in mind the supply zone we could look to make "Bear Call Spread" at these levels as we have planned earlier. "Learning is a Life Long process" It hardly matters you Fail or Succeed if you are able to learn from that situation you are born to WIN .
